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Economics FROM 3

Chapter 2: BASIC TOOLS OF ECONOMIC ANALYSIS (ELEMENTARY STATISTICS FOR ECONOMIC ANALYSIS)

C. FREQUENCY DISTRIBUTION

Frequency is a number of time which a number or a group of numbers appears in a series.

A cumulative frequency is obtained by adding each frequency to the sum of the previous one. When the number in the series are too many, it can be summarized introducing a “class” or “class interval”.

Example: Consider the series: 6, 5, 9, 5, 7, 5, 7, 5, 12, 5, 5, 9, 6 and 6. Draw a frequency table for this series.

Solution

Scores

Tally

Frequency

5

IIII

5

6

II

3

7

I

1

9

II

2

12

I

1

Total

 

12

 

HISTOGRAM

The word Histogram is derived from a Greek word “histos” meaning a “roast”. It is a bar diagram whose area of a given rectangle is proportional to the frequency of the corresponding class.

The bars are joined together, they can only be drawn vertically and they have no gaps between them.

par Claude Foumtum